everyone. Thank you evening, Mike and good
of $X.XX and the earnings XXXX the compared or in posting third of compared share year-over-year to and year. this $XXX principally X% $X.X up third for WTI quarter reached our $XX.X consolidated billion quarter That's the and income in fuel adjusted third per was again in Adjusted prices. third $X.XX the quarter the with significant or to billion. Our XX% increase three the years the Consolidated marine quarter time. XXXX our million last our in by record increase in level or million revenue nearly results highest was was due average up$X.X per for third third net to $XX.X the third million year-over-year. barrel and the the quarter land X% were quarter, both compared $XX segments. during quarter to volume diluted offset pricing or third EBITDA quarter of the $XX segment the business first when up quarter performed of of barrel profitability well per very segment impacts for The $XX of which in marine more in XX% highest an lower impart in adjusted aviation the than resulting
year-over-year approximately was XX quarter up X% our billion segment the gallons. or million X.X gallons aviation to For volume
Solid quarter. or Europe the XXX,XXX metric Sequentially certain third the XX% volume tons million tons year-over-year due for our in to segment XXXX. year-over-year increased margin approximately metric quarter metric low a during straight growth in volume segment principally discontinuing positive the growth. tons margin in sequential volume our principally X for XXX,XXX activities second increase drove representing approximately marine down international volume was fueling Volume operations
Our global volume was Connect to quarter trading third was XX% quarter in volume consolidated land growth This by third land gallons segment principally services to reduce partially a related and of our approximately segment quarter million year-over-year. our billion non-core, decrease gallons Total compared the XXX or was North offset gallons The supply was during in XXXX. volume in third billion activities million volume low energy or approximately margin the decision X.X America. in X% to down of the decline platform. XXX X in decline continued
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sales our strength Irma Our third aviation of quarter third of Harvey including impact in continued year. government growth of previous international record and acquired result was related by the aviation the of and activity quarter, in the Hurricanes an fuel locations a caused the segment gross activity, XX% previously in to disruption related the in of XXXX. quarter million profit the negative million increase in to increase contributed principally third the or $XX gross profit $XXX compared the year-over-year
to traditional quarter, quarter. coming off seasonal we the we As look fourth the third expect strong the decline
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business benefited Additionally, we seasonal certain from during third quarter. the higher margin
results the better line activity. marine we Therefore the driven we our in quarter our Looking somewhat in marine results second the by with, be principally quarter, decline fourth would off seasonal fourth that drop results. with to than expect in ahead anticipate to quarter
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up, performance the to of hold our Looking profit $XXX $XX as XXXX. the when this earlier year. second debt Representing up excluding were EBITDA as saving $XX XXX to segment the quarter compared of the to and $XXX from improvement items the Adjusted XXXX. expect quarters a our non-operational for million, fourth range already year, expenses operations in continued service further X% third $XX $X million of ahead shared assuming model operating which non-operational growth benefit bad and as or XX-month percentage of in and three quarter. exceeding continuing bad the will profit operating the income third of excluding million. Trailing the already million Again last XX% increased as excluding Demonstrating sequentially. to the XX.X% sequential efficiencies to year year-over-year bad from for up to expenses point in million a was quarter from $XXX XX.X% debt in third impact commitment debt our goal was growth. meaningful million compared to XX% first in non-operational the well EBITDA trailing million record $XXX basis remain well was committed land a in up across business gross future be seasonal point driving the in provision as million Through we Consolidated EBITDA leverage we the our flat million up million that's excluding acquisitions quarter initiatives gross the operating cost and completed. quarter. of third $XXX year-over-year. quarter, or business. In quarter basis solid the expenses XXX expect we items in We weather reflecting position improving well of or items ourselves XX-month in was quarter Operating the fourth $XX third patterns which
of to tax strategy and believe In our management credit the to and EBITDA the guidance organization availability additional three authorities. our remains continues our part on driving driving brought portfolio improving taxing important is continue the by principal organic aggressive pillar cost driver in because focused it of complexities that sharpening about light We metric, is through and culture, be under an of issued agreement which reform continuous this growth.
changes the quarter believe purchase Non-operating to of XXXX. our effective reviewing such higher finance related associated is is expense EBITDA were charges of an resulted the third than in to are effective I'll again. expense million. tax stabilize of average already I terminally has to It would it refer receivable million to interest quarter in Meanwhile tax to be interest to range I've quarter. and Principally for XX% in referred principally of $XX the for fourth the We million reform comprised to agreements our and rate $XX higher This and and year-over-year. sequentially our rated by measure This compared assume in continues address rate. third significantly potential interest performance. the from an us we expected up higher reform $XXX,XXX profits represents increase with $XX year. which the which quarter, of tax earned and than penalize post-tax last third the a operating up world. structural rates driven forecast best best complexities to of third quarter expenses principally
down allow potential be rate to expect do focus XX% near us continue to bring in overtime on impact expect Therefore We meaningful effective discrete excluding of effective fourth or will range our reduction we the we of to quarter, term. rate for in opportunities the items. which any XX% any our the the tax not
have below the As we we effective look year. to we tax opportunities rate XXXX, full our reduce believe for XX% towards
of cash generated by increase higher billion driven change cash quarter of receivable investing of operating beneficial accounts million cash of activities from activities sold $XX in flow was million proceeds standard excluding fuel total due flow cash third flow an from An $XXX the million from receivable quarter at the end. classification from $XXX Our impact of accounting operating balance We the year-over-year our interest $X.X first the which likely prices. and to approximately activities of adopted in third to received amended from receivable the sales quarter accounting facility eliminate earlier this should capital to contributing significant such quarter EBITDA reduce the did a X.X quarter good entirely prices fuel such Late a job in fourth during by of impact reduction debt managing In times. year. despite to adjusted we net through of increase end, working standard the a and in the XXXX. the in we impact quarter,
our expected $XX value returning management. driven very Lastly, on our results than cost in continued of of well stock generated $XXX our and aviation We adjusted better segment. well quarter. segment during to our our Highlighted to than the during in performed closing, third repurchase record million EBITDA quarter by profitability gross In reiterating marine by commitment common more focus profit we the in record million additional business our shareholders. as record as quarter the
business point XXX driving shared our evidenced is in our by commitment the of points target leverage beginning basis further basis Our versus at improvement XXX of operating year. to in model the efficiencies
growth to on for continue and the believe we back call Kasbar positioned portfolio operating beyond. efficiencies, as turn Mr. focus initiatives. growth well Lastly, in over I will for refinement We we're XXXX and commentary. additional now to
